Liliane Mokbel is an experienced journalist and editor specializing in economics, with many years of work in print media and radio. A graduate of ESCP Business School, she is also skilled in web writing and proficient in AI-assisted content creation tools, offering insightful and accessible analysis of curret economic issues.
Liliane Mokbel 05/11 18:40 - Reading : 3 minute(s)
Amal Central Bank of Lebanon Hezbollah Israel Displaced
The Shiite duo (Amal-Hezbollah) reportedly has its sights set on the funds in Lebanon's Treasury Account 36 to support the displaced. This account comprises funds collected by the Lebanese state, primarily from taxes, customs duties, donations and other sources of public revenue. Recently, Hezbollah and Amal MPs and ministers, including Hussein ...
Liliane Mokbel 31/10 19:15 - Reading : 3 minute(s)
Baalbeck Dahyeh Hezbollah Israel South Lebanon
The Lebanese industrial sector has experienced a significant loss of domestic market share, with the notable exception of the pharmaceutical and food industries, as consumers increasingly prioritize essential goods. Furthermore, opportunities for international trade have diminished. According to Ziad Bekdache, Vice President of the Association of ...
Liliane Mokbel 25/10 19:10 - Reading : 3 minute(s)
Banks Central Bank of Lebanon United States lebanon
Lebanon has been officially placed on the Financial Action Task Force (FATF) grey list, as announced on Friday. This expected decision came as no surprise. “Of course, we are aware of the extremely dramatic situation in Lebanon, currently,” said Mexican Gafi President Elisa de Anda Madrazo, following the FATF meeting in Paris. “I would like ...
Liliane Mokbel 24/10 14:20 - Reading : 4 minute(s)
Hezbollah Lebanese Army Middle East United States
“The Qlayaat René Mouawad Airport could be opened for air traffic in emergencies to reduce the risks faced by crews and passengers at Beirut Rafic Hariri International Airport,” stated Sajih Attieh, chairman of the Parliamentary Committee on Public Works and Transport, in an interview with This is Beirut. The President of the Private Pilots ...
Liliane Mokbel 20/10 16:52 - Reading : 3 minute(s)
Hezbollah Israel FATF GREY LIST Banking
According to several reliable sources, Lebanon could soon be added to the Financial Action Task Force (FATF) grey list. A decision is expected in five days. If confirmed, this would hardly come as a surprise. However, rumors have circulated over the past 24 hours about a possible postponement of the decision to November rather than October, ...
Liliane Mokbel 18/10 12:50 - Reading : 3 minute(s)
Hezbollah insurance war risk gaza health
Lebanon is under fire, and insurance premiums against war risks are reaching historic peaks. Reinsurers adjust the prices of premiums in real-time, responding instantly to changes in the intensity of the fighting on the ground. What is valid at one moment may no longer be so a few hours later. It’s chaos. Renewing war risk insurance policies in ...
Liliane Mokbel 17/10 10:00 - Reading : 2 minute(s)
Europe Gulf Kuwait Middle East Saudi Arabia Tehran Ukraine United States
Iran may have to resort to a strategic tool: control of the Strait of Hormuz. According to several analyses, this tactic could be as devastating as a nuclear weapon. However, unlike a nuclear weapon, whose use would bring catastrophic consequences for Iran itself, the threat of closing the Strait of Hormuz serves as a form of "asymmetric ...
Liliane Mokbel 11/10 11:05 - Reading : 3 minute(s)
ABL Banks Banque du Liban Central Bank of Lebanon
In its meeting on October 9, 2024, the Central Council of Banque du Liban (BDL) amended main circular No. 166, extending its benefits to depositors who converted their funds from Lebanese pounds to foreign currencies after October 30, 2019. The council also updated main circular No. 147, requiring banks to return outstanding or circulating bank ...
Liliane Mokbel 09/10 14:52 - Reading : 3 minute(s)
Lebanese Army airport MEA Lebanon
Lebanese authorities are resolute in their commitment to maintaining the “intact” reputation of BRHIA, ensuring stringent security measures, order and adherence to the law. Furthermore, caretaker Minister of Interior and Municipalities Bassam Mawlawi and caretaker Minister of Transport and Public Works Ali Hamiye emphasized on Monday that ...
Liliane Mokbel 06/10 14:35 - Reading : 2 minute(s)
In Lebanon, a country plagued by violent military actions, disruptions in the supply chain were predictable, although they remain limited for now. One of the most vulnerable sectors is the importation of oil derivatives. On Friday, tankers registered under the Italian flag were six kilometers off the Lebanese coast when they received orders to ...
Liliane Mokbel 03/10 19:20 - Reading : 3 minute(s)
Syrian migrants have begun returning to their country amid escalating military operations between Israel and Hezbollah. Lebanese nationals, particularly from the Beqaa Valley and South Lebanon, are also reportedly crossing into Syria. In its latest report, the United Nations High Commissioner for Refugees (UNHCR) has been on a Level 3 ...
Liliane Mokbel 26/09 20:20 - Reading : 2 minute(s)
In the aftermath of an absurd war, presented as support for Gaza, the Banque du Liban (BDL) and the Lebanese government have once again been compelled to rely on palliative solutions in the absence of more radical alternatives. In a memo signed by BDL Acting Governor Wassim Mansouri, banks have been instructed to provide beneficiaries of ...
Liliane Mokbel 25/09 15:24 - Reading : 3 minute(s)
The transmission effect or exchange rate pass-through reflects the impact of currency depreciation on price levels, particularly their elasticity, driven mainly by changes in the prices of imported goods and services. This is especially relevant for Lebanon, which experienced a historic currency devaluation from 2020 to 2023, with its ...
Liliane Mokbel 23/09 12:39 - Reading : 3 minute(s)
The surge in gold prices has substantially benefited the Banque du Liban (BDL), resulting in a considerable increase in the value of its gold reserves. An auditing firm, appointed by BDL’s commissioner for Foreign Affairs with the coordination of the International Monetary Fund (IMF), conducted an inventory on November 24, 2022, which ...
Liliane Mokbel 18/09 11:10 - Reading : 2 minute(s)
L The transition to electronic tax stamps is a necessity. It didn’t come as a surprise to the general public when MP Ibrahim Kanaan, head of the Parliamentary Finance and Budget Committee, made this announcement last week after the committee's meeting. What concerns citizens most is when and how they will be able to access it. At this point, ...
Liliane Mokbel 13/09 15:32 - Reading : 3 minute(s)
The reinstatement of fiscal and budgetary discipline remains an unattainable goal. By submitting the 2025 draft budget to the government, caretaker Finance Minister Youssef Khalil once again bypassed the laws and regulations governing the preparation of the state budget. In early September, caretaker Finance Minister Youssef Khalil ...
Liliane Mokbel 10/09 20:06 - Reading : 3 minute(s)
The government failed to fulfill its commitment to provide a decent salary for public sector employees, especially retired army personnel, who once again took to the streets on Tuesday to express their outrage. The decline in purchasing power of wages and pensions of military personnel, veterans and public sector employees is not a new issue. ...
Liliane Mokbel 05/09 20:50 - Reading : 3 minute(s)
Listen to the article The objective of the 2025 budget proposal is to maintain a relative balance between revenues and expenditures, with the aim of keeping the overall deficit under 4.1%, or approximately $190 million. The draft budget submitted in August by caretaker Finance Minister, Youssef Khalil, forecasts a substantial increase in ...
Liliane Mokbel 04/09 18:51 - Reading : 2 minute(s)
Bank loans are back, but the criteria for accessing them are stricter in terms of candidate eligibility, loan purpose, amount, and repayment period. Contrary to popular belief, these loans are not available due to fresh deposits in foreign currencies. Such deposits are tightly protected and regulated by a series of circulars issued by the ...
Liliane Mokbel 23/08 23:04 - Reading : 3 minute(s)
Who remains in Lebanon? Primarily the elderly. Who is emigrating? The young, but also families. The demographics of the Lebanese population are undergoing a significant shift, mainly due to the economic deadlock in which the country finds itself. Emigration is not a new phenomenon for societies, which typically experience migratory cycles limited ...
Liliane Mokbel 21/08 17:58 - Reading : 3 minute(s)
The exchange rate of the banking dollar, also called the "lollar" or local dollar, will officially remain at 15,000 pounds until a new decision is made. As for the cash dollar, it is set at 89,500 pounds. This proposal was submitted by the caretaker Minister of Finance, Youssef el-Khalil, to the Council of Ministers during the meeting held last ...
Liliane Mokbel 15/08 17:29 - Reading : 3 minute(s)
Air France and Transavia resumed their flights to Beirut on Thursday, after suspending them on July 29. Does this mean that Beirut International Airport (BIA) is now considered safe for civil aviation, despite ongoing hostilities in southern Lebanon? Is this an indication that reinsurance and insurance companies have revised their assessment of ...
Liliane Mokbel 13/08 13:52 - Reading : 2 minute(s)
JP Morgan experts believe that gold and silver are the most promising metals of the year, forecasting that the price of silver will soon surpass $30. While the price of an ounce of silver recently hit a high of $30, a level not seen since 2013, it still hasn't reached its historic peak of $50, recorded in 1980. Deciding between investing in gold ...
Liliane Mokbel 10/08 10:00 - Reading : 2 minute(s)
The Qlayaat René Mouawad Airport is not intended to compete with Beirut Rafic Hariri International Airport. Its purpose is to address urgent needs in security, logistics, and economic development. The rehabilitation of Qlayaat René Mouawad Airport is contingent upon the approval of the Minister of Public Works and Transport, Ali Hamiyeh, who ...
Liliane Mokbel 07/08 12:38 - Reading : 3 minute(s)
If the current tensions escalate into war, Lebanon will face severe turmoil. In a scenario of widespread conflict, Lebanese citizens will need to fear uncontrollable inflation more than a further devaluation of the pound against the dollar. The country would experience chaos and significant volatility in the prices of goods and services if the ...
Liliane Mokbel 05/08 16:00 - Reading : 8 minute(s)
Since 2010, Hodema, a consulting and research company specializing in the restaurant and hospitality sectors, has been investigating, analyzing, and studying the dining options in Beirut, which are divided into 11 zones. To compile the Hodema 2024 report, its experts visited 810 establishments including restaurants, cafés, bars, nightclubs, ...
Liliane Mokbel 30/07 12:00 - Reading : 2 minute(s)
According to Majd al-Masri, the president of the Syndicate of Money Changers in Lebanon, there is no actual shortage of dollar bills in the Lebanese market. He asserts that the delays in fulfilling customers' currency exchange requests are due to a logistical issue that will soon be resolved. Mr. Masri reassures that fears of a dollar shortage are ...
Liliane Mokbel 17/07 20:46 - Reading : 4 minute(s)
The Ministry of Finance has directed the Association of Banks in Lebanon (ABL) to notify its members to provide a list of their clients, individuals and entities, including names, addresses and tax registration numbers, who have repaid their debts in bank dollars or lollars. This request is based on provisions of tax procedural law and aims to ...
Liliane Mokbel 14/07 11:44 - Reading : 4 minute(s)
The retirement age for public sector employees is set to be raised to 68 for many reasons, and lawmakers are moving forward to make this happen. Two bills have been put forward to implement this change. One comes from the Democratic Gathering bloc, and the other by three MPs from the Change Coalition, namely Waddah Sadek, Michel Doueihy and Marc ...
Liliane Mokbel 07/07 17:47 - Reading : 2 minute(s)
The lack of funds in EDL's account at Lebanon's Central Bank (BDL) is delaying the unloading of essential Iraqi fuel oil for the country's power plants, which is currently stored on board the tanker Sky Rider off the coast of Lebanon. Consequently, the risk of Lebanon being plunged into total darkness starting Monday is significantly increasing. ...